Okinawa Scooters to invest Rs 100 crore in new plant in Bhiwadi

Rajasthan-based Okinawa Scooters, which offers its Ridge and Praise e-scooters in the Indian market, is looking to expand its production capacity over the next one-and-a-half year. The company currently operates out of its assembly facility spread over a 2-acre site in Bhiwadi industrial district in Haryana, where it produces 300 scooters on a daily basis…

Institutional investors bullish on India realty

MUMBAI: Institutional investors, including private equity, sovereign wealth and pension funds, continue to express rising appetite for Indian real estate. Matured yield-producing assets and competition among global investors for these assets have pushed the average investment per deal to $158 million, almost four times the average investment per deal concluded in 2011, showed data from…